BenefitsLedger
Insurance carrier · Plan year 2024 · Form 5500 Schedule A

Canopy

Canopy appeared on 123 contracts at 120 employer health plans in plan year 2024 filings, with $1.1M in earned premium, ranking #289 of 1,452 carriers. Employers reported broker commissions and fees of $123,376 on those contracts, 10.7% of premium.

Premium
$1.1M
$0 medical
Employers
120
123 contracts
People covered
—
medical contracts, year end
Broker pay
10.7%
$123,376 · U.S. median 3.8%

Coverage lines on its contracts: dental (10), vision (6), life (1), short-term disability (1), long-term disability (1).

Largest clients

Employer plans reporting the most premium with this carrier.

EmployerPremiumParticipants
Premployer, Inc. Welfare Benefit Plan · Alabama$408,0271,013
Alabama Credit Union · Alabama$180,178376
A-P-T Research, Inc. · Alabama$75,833141
Kelley Health Holdings · Alabama$69,544124
BR Williams Trucking, LLC · Alabama$58,892211
Ignite Fueling Innovation, Inc. · Alabama$58,422161
Fleet Driver Services, Inc. · Alabama$55,615290
Sealing Equipment Products Co., Inc · Alabama$55,123110
Russell Hospital Corporation · Alabama$47,696394
Alabama Credit Union · Alabama$41,765376
Lifeline Children's Services, Inc. · Alabama$39,974133
Birmingham Hematology & Oncology Associates, LLC · Alabama$26,192268
BR Williams Trucking, LLC · Alabama$23,420211
Lifeline Children's Services, Inc. · Alabama$7,321133
Alabama Pharmacy Association · Alabama$1,660892
Youthcare · Washington$0188
Yakima Valley Farm Workers Clinic · Washington$01,909
Willamette University · Oregon$0497
Whitman College · Washington$0519
Wauna Federal Credit Union · Oregon$0118
Wastexperts, Inc. · Arizona$0200
Washington Energy Services Company · Washington$0546
Walsh Construction Co., and RDF Builders Co. · Oregon$0264
Virginia Garcia Memorial Health Center · Oregon$0597
Veterans Care Centers of Oregon · Oregon$0198

Filed under 6 spellings, including Canopy; Canopy Insurance Corp; Canopy Insurance Corporation; Canopy Inc.; Canopy, Inc; Canopy, Inc.; this page adds them together.

Source: DOL Form 5500 Schedule A, plan year 2024; built October 24, 2026. One insurer's filed spellings (for example "Blue Cross Blue Shield", "BlueCross BlueShield" and "Blue Cross and Blue Shield" of the same state) are grouped on one page; different state plans stay separate.

How many employer health plans does Canopy insure?

Canopy was named on 123 insurance contracts at 120 employers with 100 or more participants in plan year 2024 filings, with $1,149,662 in earned premium.

How much do brokers earn on Canopy contracts?

Employers reported $123,376 in broker commissions and fees on Canopy contracts, 10.7% of premium. The all-carrier median on fully insured medical plans is 3.8%.

Where is Canopy strongest?

The filings do not report enough medical premium to rank its states.

Is this your company's plan? Get a written review of the filing.
A WellthCare benefits specialist reads your Form 5500 the way a fiduciary reviewer would and writes up what to take to your broker before renewal. Free, from the public record only.